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Templeton Emerging Markets Investment Trust (LON:TEM) Shares Cross Above 50 Day Moving Average - Should You Sell?

Templeton Emerging Markets Investment Trust logo with Financial Services background

Templeton Emerging Markets Investment Trust plc (LON:TEM - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 164.18 ($2.13) and traded as high as GBX 166 ($2.15). Templeton Emerging Markets Investment Trust shares last traded at GBX 165 ($2.14), with a volume of 1,387,392 shares traded.

Templeton Emerging Markets Investment Trust Price Performance

The stock has a fifty day moving average of GBX 164.25 and a two-hundred day moving average of GBX 161.85. The company has a current ratio of 1.47, a quick ratio of 3.25 and a debt-to-equity ratio of 4.91. The stock has a market capitalization of £1.78 billion, a price-to-earnings ratio of 1,388.33 and a beta of 0.61.

About Templeton Emerging Markets Investment Trust

(Get Free Report)

Templeton Emerging Markets Investment Trust plc is a closed-ended equity mutual fund launched and managed by Franklin Templeton International Services S.a.r l. The fund is co-managed by Franklin Templeton Investment Management Limited and Templeton Asset Management Ltd. It invests in the public equity markets of developing countries across the globe.

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